189 LEWIS STREET
About This Property
Live the ultimate Florida lifestyle in this charming canal-front retreat with direct access to the Intracoastal Waterway! This 2-bedroom, 2-bath home offers a serene escape with a spacious screened-in lanai perfect for year-round outdoor living and entertaining. Step inside to a cozy open layout with vintage character and plenty of natural light. Outside, enjoy your private seawall, dock, and lift-ideal for boating, fishing, or simply soaking up the sunsets. Located on a quiet cul-de-sac, this property offers endless potential-whether you're looking for a weekend getaway, seasonal rental, or full-time residence. Don't miss your chance to own a piece of Old Florida charm with modern convenience just minutes from the beach, parks, and restaurants.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017